Investment Info:Single-family residence wholesale investment.

Investment Info:Single-family residence fix & flip investment.

My partner's family owns an STR, free and clear, worth between 1.8-2 million in a popular vacation destination.

Alternatively, if its for the hopes of accessing future real estate loans via the LLC then it may be a moot point as a lot of these bigger banks won't lend on an LLC that's brand new and no history of cash inflows/outflows. 

It is a ranch-style single-family home with three bedrooms and one bathroom, consisting of a first floor and a basement.

I am brand new to all of this and have decided that I want to focus on Multi-family.

Before proceeding you should become familiar with commercial real estate.A Quad is valued the same way as single family, using the comparative market analysis approach. 

I am 28 years old and I’ve been inspired to invest in real estate to create generational wealth for my family.

They are leased out.It is zoned R-2 which allows for Multifamily which is defined broadly in the Definitions sections of the General Plan as "Dwelling, Multi-Family - A building containing three (3) or more dwelling units.

ARV : $250,000Monthly gross rental income: $4600Monthly mortgage payment: $1100Property description: completely vacant 4 family (three 3 bedroom, one 2 bedroom apartments) in a competitive rental market with housing shortage (large pool of candidates) 7000 sq ft property with massive units, roof was torn off and redone, newer hot water heaters, furnaces, electrical, plumbing.